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GNC closed over 900 stores in 2019, including between 300 and 400 of the chain's 800 shopping mall locations, which have been particularly hard-hit by declining foot traffic at malls overall. [146] Godiva Chocolatier closed all of its North American retail locations in 2021 after the chocolate company faced a decrease in sales and foot traffic ...
Research published by global retail analyst IHL Group in 2019 suggests that the so-called retail apocalypse narrative was an exaggeration, with "more chains that are expanding their number of stores than closing stores.” [7] That year, retailers in the United States announced 9,302 store closings, a 59% jump from 2018, and the highest number ...
The craft store world got a little smaller in November 2019, when A.C. Moore's parent company announced it would close the chain's 145 stores, mainly found on the East Coast. Major competitor ...
GEM – initially called Government Employees Mutual Stores, and later Government Employees Mart before settling on G. E. M. Membership Department Stores, a profit-making company that was aimed at the governmental employees market; first store was opened in Denver in 1956; [190] after several expansions, the company filed for bankruptcy in 1974 ...
The closing date for most of the affected stores was April 19, according to employees of those stores, who confirmed the closings to Business Insider. A store in Bedford, New Hampshire, is ...
On Tuesday, Kroger and Albertson's released a list of grocery stores to be sold if the government approves their merger. 28 locations are in Texas.
Tornadoes spawned by severe weather in Texas and Louisiana cause at least five deaths and over 17,000 power outages. [6] A Texas semi truck driver with no criminal record is arrested and faces 4 counts of vehicular homicide after he told police his brakes were failing on I-70 as it descended from the mountains in Colorado and caused a 28 ...
CVS, the largest US chain, closed 244 stores between 2018 and 2020. In 2021, it announced plans to close 900 stores by 2024. Walgreens said in 2019 it would close 200 stores and in June announced ...